The NSW Government has purchased a $3.3 million stake in Wagyu beef agribusiness Stone Axe Pastoral, marking the first time it has dipped into its $150 million Go NSW Equity Fund, unveiled last October. [Related: NSW Government set to secure equity in SMEs with ‘good ideas’ using new $150 million fund] Delivered in partnership with […]
With less than a day until mandatory data breach reporting laws take effect, a cybersecurity vendor has warned that while basic cyber hygiene isn’t “sexy”, businesses that fail to practice it risk incurring “headline-grabbing data breaches” that will instantly lose them customers. [Related: A last-minute guide to preparing your business for Australia’s new data breach regulations and Small businesses face […]
The Workplace Gender Equality Agency (WGEA) has awarded a record number of organisations its ‘Employer of Choice for Gender Equality’ (EOCGE) citation, this year. The 2017-18 EOCGE citation, which recognises employers who are actively commitd to achieving workplace gender equality in Australian, was received by 120 organisations across Australia. According to WGEA Director Libby […]
As consumers increasingly opt for online shopping experiences over in-store, businesses of all sizes can ill afford having a lacklustre ecommerce presence – or worse, none at all. In the Amazon era, that means obscurity, even oblivion. But how can small businesses with limited resources go about establishing an effective ecommerce presence that captivates new […]
Airtasker co-founder Jonathan Lui has raised $1.65 million in seed capital for his second venture, the “LinkedIn for property” app Soho. [Related: Solo with Soho: Jonathan Lui on following up Airtasker with a ‘LinkedIn for property’ app and Jonathan Lui shares what he has learnt from establishing his new startup SOHO overseas] The seed round, […]
A new list ranking a thousand high-growth companies from across the Asia-Pacific Region features five Australian startups inside the top ten. The inaugural Financial Times (FT) 1000 High-Growth Companies Asia-Pacific list was compiled by market research company Statista, which ranked companies by their annual growth in revenues between 2013 and 2016. To make it onto […]
Entrepreneurial migrants and refugees are being encouraged to apply for a free accelerator program that has been designed to generate long-term economic value for Victoria by increasing diversity and inclusion in the local startup ecosystem. The First Gens Program is being run by YGAP – an international not-for-profit that backs early-stage social impact ventures – […]
To avoid being disrupted, financial institutions are not just having to be far more experimental, in some cases they are having to cede control of their customers to fintech companies, according to Ian Pollari, the global co-leader of KPMG’s Fintech practice. Speaking at the Financial Services and Technology: Financial Inclusion and Stability conference, held at the University of NSW this […]
A Productivity Commission will be established in NSW to spearhead a micro-economic reform agenda that includes a focus on reducing red tape for businesses, Treasurer Dominic Perrottet has announced. The first-ever NSW Productivity Commission, which will be led by a yet-to-be-appointed Productivity Commissioner, was announced at the NSW Business Chamber by Treasurer Dominic Perrottet, who […]
The Federal Government is acting to improve the integrity and operation of the business tax system by introducing legislation to close loopholes in the tax consolidation regime that create unintended tax outcomes, Minister for Revenue and Financial Services, Kelly O’Dwyer has announced. According to Minister O’Dwyer, the tax consolidation regime, in allowing wholly-owned corporate groups […]
